Compact Camera Module Market set to Witness huge Growth by 2024

The global compact camera module market was valued at $26.66 billion in 2017, and is projected to reach at $57.81 billion by 2024, registering a CAGR of 11.4% from 2018 to 2024. Increase in the smartphones shipped, particularly in Asia-Pacific significantly drives the market growth. Further, rise in need for slimmer smartphones with advanced cameras influence several technological advancements in the compact camera module market.

The report features a competitive scenario of the global compact camera module market and provides a comprehensive analysis of the key growth strategies adopted by major players. The key players operating in the global compact camera module market include Semco, LG Innotek, O-Film, Foxconn Sharp, Henkel, Sunny Optical, Menex, Liteon, Cowell, and Q-tech. These players have adopted competitive strategies, such as innovation, new product development, and market expansion to boost the growth of the market.

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The global compact camera module market is segmented based on component, application, and region. Lens, image sensor, voice coil motor, and assembly components are studied under the component segment. Based on application, the market is divided into consumer electronics, automotive, security & surveillance, and others. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Findings of the Compact Camera Module Market:

The image sensor sub-segment accounted for the highest share in 2017.
The consumer electronics sector dominated the market in 2017 owing to increased adoption in smartphones.
Asia-Pacific dominated the global compact camera module market in 2017, owing to the presence of huge number of manufacturers. Further, China accounts for a major percentage of the regional revenue.

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Table of Contents

Chapter 1: Introduction

Chapter 2: Executive Summary

Chapter 3: Market Overview

Chapter 4: Global Compact Camera Module Market, By Component

Chapter 5: Global Compact Camera Module Market, By Application

Chapter 6: Global Compact Camera Module Market, By Region

Chapter 7: Company Profile

 

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Posted by on Tuesday June 18 2019, 3:30 AM EDT. All trademarks acknowledged. Filed under Business Services, Consumer & Retail, Consumer Electronics, Technology, Media, & Telecommunications. Comments and Trackbacks closed. Follow responses: RSS 2.0

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